PGIM Real Estate
Hines Hands Reins to Third Generation as Adam Hines Joins Sister Laura Hines-Pierce as Co-CEO
Hines is moving its third generation into full command of the $91 billion global real estate firm, pairing Adam Hines with his sister,...
JPMorgan Acquires 521,000 SQFT Shoemaker Commerce Center from PGIM for $176.5MM in Santa Fe Springs
JPMorgan Chase has paid PGIM Real Estate $176.5 million for Shoemaker Commerce Center in Santa Fe Springs, locking up nearly a decade of...
First Citizens Bank Acquires 165,000 SQFT Del Mar Heights Office Campus from PGIM in San Diego
First-Citizens Bank & Trust Company has acquired a pair of newly renovated, LEED Gold-certified office buildings on High Bluff Drive in San Diego's...
San Fernando Valley Industrial Vacancy Climbs to 5% as Negative Absorption Accelerates in Q1 2026
Kidder Mathews reports that the 124-million-square-foot submarket recorded more than 636,000 square feet of occupancy losses during the quarter, while asking rents slipped...
State Compensation Insurance Fund Acquires 159,000 SQFT Pasadena Tower for ~$33MM, a 43%Discount to Swift’s 2019 Basis
California's public workers' compensation carrier plans to anchor the nine-story Class A building as a Southern California hub while leasing the balance to...
Edens Acquires 116,000 SQFT Portion of Long Beach Exchange for $57MM from PGIM and DJM Capital Partners
The deal deepens the Washington, D.C.-based REIT's commitment to Los Angeles retail, building on a portfolio launched with a $137 million grocery-anchored acquisition...
Private Credit’s $1.8 Trillion Surge Sets the Stage for a Real Estate Reawakening in 2026
As the four largest alternative credit platforms approach nearly $1.8 trillion in combined AUM, the asset class's rapid maturation is reshaping capital flows...
Tenant Subleases 190,800 SQFT from PGIM Industrial Property at Buena Park Industrial Property
Transaction represents largest sublease in Orange County's fourth quarter as market adjusts to surplus capacity Orange County's North County submarket continues to see...
Los Angeles Industrial Market Sees Vacancy Jump to 5.8% as Lease Activity Plunges 36%
Direct asking rates fall to $1.43 per square foot while transaction volume drops to 6.63 million square feet in third quarter The Los...
BRIDGE Housing Launches $1B Private Equity Fund for West Coast Affordable Housing
SAN FRANCISCO - BRIDGE Housing, the leading nonprofit affordable housing owner and developer on the West Coast, has launched its first private equity fund...
Baldwin & Sons Secures $66MM Refinancing with PGIM for Premium San Diego Retail Center
PGIM Real Estate provides capital to retire CMBS loan on Piazza Carmel, underscoring investor confidence in high-quality retail properties Walker & Dunlop, one...
Coworking Firm TailoredSpace Leases 14,400 SQFT Office Site in Del Mar
Del Mar, CA (August 7, 2025) – TailoredSpace continues its San Diego area growth, adding its latest coworking space in Del Mar at...
